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Average Aerospace Engineers Salary in Anchorage, AK

The average salary for Aerospace Engineerss in Anchorage, AK is $124,210. While this is lower than the national average, the cost of living in Anchorage, AK may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $124,210 per year.
  • Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $217,520.
  • Outlook: The current demand for Aerospace Engineerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Anchorage, AK economy.
2024 Market Data

Salary Overview

$124,210

The average Aerospace Engineers in Anchorage, AK earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$59.7

Weekly

$2,389

Monthly

$10,351

Aerospace Engineers Salary Distribution in Anchorage, AK

The earning potential for Aerospace Engineerss in Anchorage, AK varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $78,100, while highly experienced professionals can command wages upwards of $217,520.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$78,100$37.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$93,158$44.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$105,260$50.6
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$155,263$74.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$217,520$104.6

Detailed Aerospace Engineers Market Analysis

Relocation Context

Nominal Salary

$124,210

Gross Pay

Real Wage (Purchasing Power)

$124,210

Adjusted for COL (100)

In Anchorage, AK, the Cost of Living Index is 100. This increases your effective purchasing power from $124,210 to $124,210.

Job Market Context

50

Total Jobs

0.303

Per 1K Jobs

0.68

Location Quotient

Below Average

Anchorage, AK has 0.68x the national average concentration of Aerospace Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

50 people work as Aerospace Engineers in Anchorage, AK.

Only 0.303 out of every 1,000 local jobs are Aerospace Engineers roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Aerospace Engineerss?

Frequently Asked Questions

How much does a Aerospace Engineers make in Anchorage, AK?

The median annual salary for a Aerospace Engineers in Anchorage, AK is $124,210. This typically ranges from $78,100 for entry-level positions to $217,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Anchorage, AK is 12.2% lower than the national median of $141,460.

Is Anchorage, AK a good place for Aerospace Engineerss?

It depends on your priorities. While the average Aerospace Engineers salary in Anchorage, AK is $124,210 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Anchorage, AK. See distinct detailed breakdown below.

Is Anchorage, AK a good place to live for Aerospace Engineers?

The Cost of Living Index in Anchorage, AK is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Anchorage, AK area with a job density of 0.303 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Aerospace Engineers • Data source: BLS OEWS 2024 •Jobs in Anchorage, AK